In a significant move within the world of cryptocurrency investment, Grayscale Investments has submitted an application to the U.S. Securities and Exchange Commission (SEC) seeking approval to convert its popular Grayscale Ethereum Trust into a spot Ethereum exchange-traded fund (ETF).…
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BlackRock Driving Down Bitcoin for ETF – Crypto Analyst
Amidst the roster of institutional contenders, the BlackRock asset manager eagerly anticipates a verdict from the US Securities and Exchange Commission (SEC). Their eager anticipation stems from their formal petition for approvals of Spot Bitcoin Exchange-Traded Funds (ETFs). BlackRock Purposefully…
Bitcoin ETFs, a Rise in New Market Trend in crypto
Beginning of 2021 has been quite promising for the Bitcoin as it records its all time high in market value and possibilities rise in obtaining the green light for Bitcoin ETFs from the regulators. Bitcoin ETFs would bridge, exchange-traded funds…
